Banks, non-bank lenders and financial institutions may get to invest up to 10% in the corpus of alternate investment fund (AIF) schemes, in a relief for the sector that faced a central bank clampdown in December, 2023. There will be no restriction on regulated entities (REs) such as banks for investing up to 5% in the AIF scheme's corpus, Reserve Bank of India (RBI) proposed on Monday. However, if the AIF scheme invests in a company that has borrowed from the bank, then the RE must make full provision to...
Engaging in investments requires careful consideration, but diversifying your portfolio can help simplify the process. However, investing in cryptocurrencies, like Bitcoins, is a different story. It's important to note that investing in cryptocurrencies, such as Bitcoin, is currently considered a gray area. Unlike mutual funds, which invest in recognised and regulated assets, cryptocurrencies do not meet these basic requirements. Talking about India mutual funds investing in Bitcoins, Akshat Shrivastava, founder of Wisdom Hatch, wrote on X, there are no mutual funds in India that directly or indirectly invest in Bitcoin....
By Sandeep Parekh The Reserve Bank of India (RBI) Bulletin for March 2025 noted sustained foreign portfolio investment outflows exerting considerable pressure on equity markets and aiding weakening of the rupee. Data from the National Securities Depository Limited suggests foreign portfolio investors (FPIs) sold equities worth Rs 1.12 lakh crore in February, and outflows continued at Rs 30,015 crore in March. The trend has persisted since last year. With the tariff wars, this situation has aggravated further. The number of registered FPIs declined for the first time in a year,...
A quiet yet transformative shift is underway in India’s financial ecosystem. The International Financial Services Centre (IFSC), once a niche jurisdiction catering exclusively to cross-border financial services, is now at the heart of policy reforms designed to attract global investors. The latest development comes with the Finance Bill 2025, which introduces key tax exemptions poised to reshape investment dynamics within the IFSC framework. The IFSC, defined under Section 2(q) of the Special Economic Zone Act, 2005, is a jurisdiction that facilitates financial services to both non-residents and residents, provided the...